• 'Purgatory': Fed in Limbo as Tariffs Cramp Rate Decision
  
  The U.S. economy is mostly in good shape but that isn't saving Federal Reserve chair Jerome Powell from a spell of angst.
• US Existing Home Sales Little-Changed in Tepid Market
  
  Sales of existing homes in the United States were sluggish in May, according to industry data released Monday, as high mortgage rates weighed on the market.
• Fed's Bowman: Rate Cut Should Be on Table in July
  
  Federal Reserve Governor Michelle Bowman Monday said the central bank should consider cutting its key interest rate as soon as its next meeting in July, underscoring deep divisions among Fed officials as they endure sharp criticism from the White House.
• Fed's Goolsbee: Tariffs' Impact on US Economy Modest
  
  Federal Reserve Bank of Chicago President Austan Goolsbee said Monday that thus far the surge in tariffs has had a more modest impact on the economy relative to what was expected.
• Please, No Tears for Companies Hiring Illegal Aliens
  
  America faces a number of problems these days. Overcrowding in schools and emergency rooms, lack of affordable housing, as well as wages held down by competition with illegal immigrants. All these problems will be helped, if not solved, by: Mass deportations.
• 'Too Late' Powell Gets It Wrong Again
  
  Federal Reserve Chair Jerome Powell has made yet another serious mistake-one in a long series of policy missteps. Despite mounting evidence that interest rates are far too high for current economic conditions, Powell continues to deliver vague commentary about "future...
• Why Trump Struggles in His Trade War With China
  
  President Trump is struggling in his trade wars with China and other nations. The tariffs imposed for 90 days when he suspended higher reciprocal duties on China, the EU and other nations could prove permanent.
• Trump Calls for Urgent Release of Increased Oil Supply
  
  Amid the Iranian threats of shutting off global oil flows by choking the Strait of Hormuz, President Donald Trump is issuing an urgent call for stable oil prices and immediate increases of U.S. oil supply for the world."EVERYONE, KEEP OIL PRICES DOWN," Trump wrote in a...
• US Manufacturing Moderates, Price Pressures Build
  
  U.S. business activity slowed marginally in June, though prices increased further amid President Donald Trump's aggressive tariffs on imported goods, suggesting that an acceleration in inflation was likely in the second half of the year.
• AP-NORC Poll: Dem Support for Solar, Offshore Wind Energy Falls
  
  Americans' support for green energy tax credits and renewable energies like wind and solar power has decreased in recent years, according to a new poll, driven by a softening in support from Democrats and Independents.
• US Attack on Iran Adds to Economic Uncertainty
  
  The U.S. bombing of Iran's nuclear sites injected fresh uncertainty into the outlook for inflation and economic activity at the start of a week chock full of new economic data and central banker commentary, including two days of Congressional testimony from Federal Reserve...
• Trump Calls for Action on One Big Beautiful Bill
  
  President Donald Trump took at least a brief moment away from his focus on Iran to remind Congress it should move fast and approve the One Big Beautiful Bill that's before the Senate. Trump posted on Sunday that he saw "Great unity in the Republican Party."
• Labor Department Suspends Biden-Era Farmworker Rule
  
  The Department of Labor announced on Friday that it is suspending a Biden-era rule that critics say imposed large burdens on farmers with thousands of pages of new regulations.
• Fed's Daly: Rate Cut in the Fall May Be Appropriate
  
  The fundamentals of the U.S. economy are moving to where an interest rate cut may be necessary, San Francisco Federal Reserve Bank President Mary Daly said Friday, though she signaled a July rate cut would probably be too early.
• CNN: Tariffs Have Not Reignited Inflation
  
  Mainstream economists issued dire warnings when President Donald Trump announced his tariff campaign: prices would spike, they said, triggering a renewed inflation crisis, but that hasn't happened, reports CNN.
• Supreme Court Declines to Speed Up Tariffs Review
  
  The U.S. Supreme Court declined on Friday to speed up its consideration of whether to take up a challenge to President Donald Trump's sweeping tariffs even before lower courts have ruled in the dispute.
• Fed: Too Early to Gauge Tariff Impact on US Economy
  
  The Federal Reserve's latest Monetary Policy Report to Congress, released Friday, said U.S. inflation is somewhat elevated and the labor market is in solid shape, but suggested that President Donald Trump's tariffs have likely only begun to be felt and repeated the central...
• Fed's Waller: July Rate Cut Possible Amid Tame Inflation
  
  The Federal Reserve should consider cutting interest rates at its next meeting given recent tame inflation data and the fact that any price shock from import tariffs will be short lived, Fed governor Chris Waller said Friday.
• Citi Sees Oil at $78/bbl if War Disrupts Iran Exports
  
  An escalation of the Iran-Israeli hostilities could keep Brent oil prices trading about 15% to 20% above pre-conflict levels if the war disrupts 1.1 million barrels per day (bpd) of Iranian oil exports, according to analysts at Citibank.
• World Markets on Oil Watch as Mideast Tensions Flare
  
  Brent crude oil is up around 20% so far in June, and set for its biggest monthly jump since 2020 as Israel/Iran tensions flare up.
• Housing Finance Chief: Fed's Powell Should Resign
  
  Bill Pulte, director of the Federal Housing Finance Agency, told Newsmax on Thursday he has a simple message for Federal Reserve Chair Jerome Powell after the agency's board declined to lower interest rates this week: Resign.
• Oil up Nearly 3% as Israel-Iran Conflict Escalates
  
  Oil prices jumped almost 3% Thursday as a week-old air war between Israel and Iran escalated and uncertainty about potential U.S. involvement kept investors on edge.
• Study: 'Trump Effect' Sent 600K Immigrants From Labor Force
  
  Analysis of U.S. Census Bureau reporting by the Center for Immigration Studies shows nearly 600,000 immigrants have vanished from the U.S. labor force since January, attributed to the "Trump effect."
• Russia Minister: Country on Brink of Recession
  
  Russia's economy is "on the brink of going into a recession," the country's economy minister said Thursday, according to Russian media reports.
• Fed Should Clarify That Curbing Inflation Is Job One
  
  The Federal Reserve faces tough policy choices-President Trump's tariffs could rekindle inflation, boost unemployment or both.

More Economy Stories